That's a pretty darned nice rare bird. And predates the .22 Kit Gun by 18 years. If Smith would have come up with the Marketing term "Kit Gun" at the same time, they may have sold a ton of them a long time ago.

The 1935 .22 KG was no barn burner in sales until after the war. Part of the reason was no doubt the depression years in which it was introduced. But perhaps some of it may have been the .22 cal. Who knows where a bigger caliber.32 Kit Gun would have gone in the gun-hungry-public times post WWI, and w/o a depression going on?

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Jim
S&WCA #819